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SAL Automotive Ltd share Price Today

Company details

545.00
555.00
260.10
696.90
6M Return 28.07%
1Y Return 90.77%
Mkt Cap.(Cr) 131.89
Volume 120
Div Yield 0.73%
OI
-
OI Chg %
-
Volume 120

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SAL Automotive Ltd shares SWOT Analysis

Strengths (5)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (1)

  • Declining profits every quarter for the past 3 quarters

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 554.9
R2 560.0
R3 564.9
Pivot

549.95

S1 544.9
S2 540.0
S3 534.9
EMA SMA
526.1
527.6
520.9
479.9
513.7
530.2
551.1
482.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
AUMIT CAPITAL ADVISORS LIMITED Bulk Purchase 2023-03-28 250 24000 BSE
PRATIKRAJENDRABHAIGANDHI Bulk Sell 2023-03-28 250 24000 BSE
OFFICIAL LIQUIDATOR Bulk Sell 2022-10-06 187.33 30382 BSE
Name Category Shares
b4S Solutions Private Limited PROMOTER 75%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

SAL Automotive Ltd Stocks COMPARISON

Financials( in Cr) SAL Automotive Ltd Bosch Ltd Samvardhana Motherson International Ltd Tube Investments of India Ltd Uno Minda Ltd
Price 550.00 29,277.40 127.40 3,581.70 726.75
% Change -0.43 0.46 -0.23 0.97 0.12
Mcap Cr 131.89 86,350.76 86,331.60 69,270.79 41,722.35
Revenue TTM Cr 303.79 14,929.30 78,700.70 14,964.73 11,236.49
Net Profit TTM Cr 4.70 1,424.30 1,669.60 1,325.06 700.23
PE TTM 19.05 51.27 53.76 109.50 53.92
1 Year Return 90.77 56.29 79.82 39.99 43.22
ROCE 13.05 17.05 8.59 33.06 18.68
ROE 14.40 13.14 7.76 37.40 18.44
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 34.95 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -6,228.06
LAST 3M 77,954.71 28,409.22
LAST 6M 138,694.84 74,737.91
LAST 12M 215,251.82 194,497.84

SAL Automotive Ltd Information

Stock PE (TTM)
19.05
Promoter Holding
75%
Book Value
155.3885
ROCE
13.05%
ROE
14.4%
Description
  • Swaraj Automotives Limited (SAL) (formerly known Swaraj Automotives Limited) was incorporated as Public Limited Company on 20th November 1974. The Company is an emerging global manufacturer of automotive components, seats and agricultural implements and also a leading and preferred supplier to the Indian automotive industry. The Company was inaugurated by the Hon`ble President of India as `Punjab Scooters Limited` and started manufacturing scooter named as "Vijay Kesari". The Company diversified into manufacturing of seats in 1986 and seat mechanism in 1994 in technological tie-up with Fuji Kiko of Japan. The company is engaged in manufacturing business of Automobile Components, which includes Tractor seats, LCV (Light Commercial Vehicles) seats, seat mechanisms for passenger cars & commercial vehicles and seat frames for commercial vehicles and agriculture Implements, which include Rotavators, Tractor trailers and Planter etc. The Company has manufacturing plant at Nabha located in the State of Punjab and second plant at Dharwad located in the State of Karnataka. The product line of the Company includes seats, seat adjusters/ sliders, seat recliners, and agri implements namely Rotavators & Tractor Trolleys. During the year 2016, Mahindra & Mahindra Ltd, one of the promoters of the Company (the Seller) entered into a Share Purchase Agreement on 16th October 2015 with b4S Solutions Private Ltd (the Acquirer) for sale of their entire equity stake of 71.19% held in the Company at Rs. 145.50 per share. The acquirer subsequently acquired the entire equity stake of 2.99% of other promoter, Punjab State Industrial Development Corporation (PSIDC), held in the Company, at the same rate. Thereafter, pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the acquirer had also made an open offer to the shareholders of the Company for acquiring another 25.82% equity shares of the Company. The entire process was successfully completed on 1st February 2016, taking b4S Solutions Private Limited` s equity holding in the Company to 88.28% and they became promoter of the Company. During the year 2017, B4S Solutions Private Ltd (b4S or the promoter) acquired the entire equity stake of 71.19% held by Mahindra & Mahindra Ltd (M&M), one of the then promoters of the Company (the Seller), by entering into Share Purchase Agreement with M&M on 16th October 2015. b4S subsequently also acquired the entire equity stake of 2.99% held by the then other promoter, Punjab State Industrial Development Corporation (PSIDC). Thereafter, pursuant to SEBI (SAST) Regulations, 2011, b4S made an open offer to the shareholders of the Company. The entire process completed on 1st February 2016 and b4S`s total equity holding in the Company stood at 88.28%. To comply with requirements applicable regulations to restore public shareholding in the Company to a minimum of 25%, the promoter divested 158,359 equity shares to the public via three offers for sale during the period December 2016 and January 2017, which has brought down the promoter`s shareholding in the Company to 81.68% as on March 31, 2017. The promoter proposes to meet its obligation to divest the remaining 6.68% of its shareholding in near future. During the year under review, the Company set up new seat frames using robots of manufacturing facilities at Dharwad, Karnataka to serve its customers in the West and South Region. The plant started its operations on 24th January 2018. During the year 2018, b4S solutions Private Ltd (b4S or the promoter) acquired the entire equity stake of 71.19% held by Mahindra & Mahindra Ltd (M&M), one of the then promoters of the Company (the Seller), by entering into Share Purchase Agreement with M&M on 16th October 2015. b4S subsequently also acquired the entire equity stake of 2.99% held by the then other promoter, Punjab State Industrial Development Corporation (PSIDC). Thereafter, pursuant to SEBI (SAST) Regulations, 2011, b4S made an open offer to the shareholders of the Company. The entire process completed on 1st February 2016 and b4S`s total equity holding in the Company stood at 88.28%. To comply with requirements applicable regulations to restore public shareholding in the Company to a minimum of 25%, the promoter divested 3,18,445 equity shares to the public via seven offers for sale during the period December 2016 to November 2017, which has brought down the promoter`s shareholding in the Company to 75% as on March 31, 2018. Meanwhile on July 19, 2017, SEBI passed an interim order to prohibit Company, Directors, and Promoter from buying, selling, or otherwise dealing in securities of the Company, either directly or indirectly, due to non-compliant to Minimum public shareholding (MPS) requirement. After dilution of shareholding to 75% via OFS as mentioned above, the company achieved Minimum Public Shareholding as on 23rd November 2017. On February 14, 2018, SEBI passed a final order stating that there is no violation on part of Company/ Promoter considering enough to warrant any other enforcement action against the Company or its Directors. Further, SEBI found this matter to be disposed of without any further enforcement action. During the financial year 2021, to manufacture seat and seat frame for commercial and passenger vehicle an additional facility is under commissioning at Rudrapur in the State of Uttrakhand. Out of the initial setup cost of Rs.15.37 lakhs incurred till 31 March 2021, Rs. 7 lakhs being capex has been accounted for CWIP and rest amount of Rs. 8.37 lakhs of revenue has been charged to profit & loss account.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539353
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE724G01014

FAQ’s on SAL Automotive Ltd Shares

You can buy SAL Automotive Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy SAL Automotive Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 23, 2024 04:01 PM the closing price of SAL Automotive Ltd was ₹ 550.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 23, 2024 04:01 PM, the market cap of SAL Automotive Ltd stood at ₹ 131.89.

The latest PE ratio of SAL Automotive Ltd as of Apr 23, 2024 04:01 PM is 19.05

The latest PB ratio of SAL Automotive Ltd as of Apr 23, 2024 04:01 PM is 0.28

The 52-week high of SAL Automotive Ltd share price is ₹ 696.90 while the 52-week low is ₹ 260.10

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